Flexible funding for insulation scheme 20 Nov 2009
Related articles
- Flexible funding a Christmas bonus for landlords Property
- New Real Estate Agents Authority will give consumers a better deal Property
- 100% Pure? News
- Investing in New Zealand: What are you waiting for? Property
- A question of balance Property
- Apartment living on the Kapiti Coast Property
- Charm and finesse in central Christchurch Property
- Top tips for buying a New Zealand property Property
- A few frequently asked questions Property
- A unique opportunity to invest in the Jack Nicklaus brand Property
The change sees the fund become a multi-year appropriation allowing flexibility to bring funding forward to meet demand. Energy and Resources Minister Gerry Brownlee says he's delighted with the record number of homes already fitted with insulation and clean heating under the programme.
“Demand for the programme has been huge in the first four months. By allowing the scheme to become a multi-year appropriation a steady stream of funding will be on tap to keep the momentum rolling,” he said.
Green MP Jeanette Fitzsimons is also welcoming the change. "We also strongly support the multi-year appropriation as continuity of funding is essential for continuity of jobs and businesses. It makes sense to improve as many homes as we can as fast as we can. We'll get back the money we spend through better use of energy resources and better health for the New Zealanders who live in these homes," she said.
The latest set of figures show 5,720 homes were retrofitted in October. It means that 19,759 homes have been retrofitted in the first four months of the scheme.
“While the scheme’s popularity is encouraging it was going to achieve the first year target of 27,000 homes in just over six months,” said Mr Brownlee.
“It is credit to the industry and EECA to be able to deliver this result in such a short space of time. It has also made it necessary to change the scheme’s funding to a multi-year appropriation,” he said.
Mr Brownlee says the October figures also show the trend continuing for a considerable number of these retrofitted homes occupied by low income earners.
“This is a positive trend. The scheme is reaching those most in need, and the least able make the changes themselves,” he said.
The number of retrofitted homes for the low income is also welcomed by the Green Party.
"Great ideas get great results," said Jeanette Fitzsimons.
"The Green Party is delighted that two thirds of the homes insulated so far are low income homes who could never have afforded it otherwise. Many of them are rental homes, and I'd like to congratulate the landlords who have taken up the scheme to improve living conditions for their tenants,” she said.
HOUSE SUMMARY - 09/10 / JUL / AUG / SEP / OCT / TOTAL
Low Income - Owner Occupied / 1635 / 2408 / 3210 / 3082 / 10335
Low Income - Rental / 348 / 367 / 576 / 974 / 2265
General Income - Owner Occupied / 1179 / 1951 / 1913 / 1485 /6528
General Income - Rental / 120 / 163 / 169 / 179 / 631
TOTAL HOUSES RETROFITTED / 3282 / 4889 / 5868 / 5720 / 19759
/ July / August / September / October /
Insulation and heater / 255 / 601 / 579 / 827 /
Insulation only / 2,519 / 3,664 / 4,580 / 4,390 /
Heater only / 508 / 624 / 709 / 503 /
TOTAL / 3,282 / 4,889 / 5,868 / 5,720 /
Source: NZ Government
News
Finalists announced for the Air New Zealand UK New Zealander of the Year Award 2019
6 Dec 2018 Press Releases
Finalists for the prestigious UK New Zealander of the Year Award 2019, presented by the New Zealand Society of the United... more
New Zealand increases climate finance commitment to Pacific
25 Sep 2018 Environment
25 SEPTEMBER 2018
New Zealand increases climate finance commitment to Pacific
New Zealand will increase its global climate finance... more
Business
Multinationals to pay fair share of tax
26 Jun 2018 Business News
26 JUNE 2018
HON STUART NASH
New measures to ensure multinational companies pay their fair share of tax will come into force next... more
NZ Government launches Sustainable Food & Fibre Futures
22 Aug 2018 Business News
21 AUGUST 2018
Growing New Zealand's food and fibre sectors sustainably and supporting a thriving economy are the hallmarks of a new... more
Living
New Zealand wine celebrates bicentenary with record sales
6 Dec 2018 Food & Wine
In 2019, New Zealand will be celebrating 200 years since the first vine was planted on its shores. From 100 grapevines... more
REVIEW: Emma Timpany's "Travelling in the Dark"
1 Dec 2018 Review
Emma Timpany’s Travelling in the Dark weaves a tale of homecoming that will resonate with many, and particularly with those who... more
Property
More certainty in construction sector smooths boom and bust cycle
22 Aug 2018 Property
30 JULY 2018More certainty in construction sector smooths boom and bust cycle
HON JENNY SALESA
The 2018 National Construction Pipeline... more
NZ Property: Foreign buyers ban passes third reading
15 Aug 2018 Property
15 AUGUST 2018
HON DAVID PARKER
The Bill to put in place the Government's policy of banning overseas buyers of existing homes has... more
Migration
Christchurch reinstated as refugee settlement location
18 Aug 2018 Migration
18 AUGUST 2018
HON IAIN LEES-GALLOWAY
The announcement that Christchurch can once again be a settlement location for refugees... more
Post-study work rights emphasise skills NZ needs
8 Aug 2018 Migration
8 AUGUST 2018
HON IAIN LEES-GALLOWAY
Changes to post-study work rights will help ensure international students coming to New Zealand... more
Travel
Arrival card change to smooth border process for international travellers to NZ
26 Sep 2018 Travel & Tourism
25 SEPTEMBER 2018
International travellers arriving into New Zealand should have a simpler, faster entry as a result of changes to... more
NZ Government to fully fund Auckand's SkyPath as part of $390m investment in walking and cycling
25 Aug 2018 Travel & Tourism
23 AUGUST 2018
HON PHIL TWYFORD
HON JAMES SHAW
Transport Minister Phil Twyford and Acting Associate Transport Minister James Shaw have... more
Sport
America’s Cup court ruling vindicates process
26 Sep 2018 Sailing
25 SEPTEMBER 2018
The Environment Court has today granted the resource consent for the 36th America's Cup bases in Auckland and the... more
Humble Stephen Kearney praises Warriors staff ahead of finals appearance: 'It's not down to one person'
3 Sep 2018 Rugby League
Warriors coach Stephen Kearney paid tribute to the club's unsung heroes ahead of their first taste of NRL finals football since... more
Columns
Gordon Campbell on the Gareth Morgan crusade
11 Nov 2016 Opinion
Gordon Campbell on the Gareth Morgan crusade
First published on Werewolf
The ghastly likes of Marine Le Pen in France and Geert ... more
Gordon Campbell on the US election outcome
10 Nov 2016 Opinion
Column - Gordon Campbell
Gordon Campbell on the US election outcome
Well um.. on the bright side, there (probably)... more
Kiwi Success
Congratulations to Loder Cup winner
26 Sep 2018 People
25 SEPTEMBER 2018
The Loder Cup, one of New Zealand’s oldest conservation awards, has been awarded to Robert McGowan for 2018... more
Appointments to New Zealand National Commission for UNESCO
16 Aug 2018 Appointments
16 AUGUST 2018Appointments to New Zealand National Commission for UNESCO
HON JENNY SALESA
Associate Education Minister Jenny Salesa is... more
Recruitment
Historic pay equity settlement for education support workers
14 Aug 2018 Recruitment
14 AUGUST 2018Historic pay equity settlement for education support workers
RT HON JACINDA ARDERN
HON CHRIS HIPKINS
Prime Minister
The... more
Historic pay equity settlement for education support workers
22 Aug 2018 Recruitment
14 AUGUST 2018Historic pay equity settlement for education support workers
RT HON JACINDA ARDERN
HON CHRIS HIPKINS
Prime Minister
The... more